Here’s a useful post from Abdullahi Muhammed on Forbes.com: 4 Passive Income Streams Freelancers Should Create To Secure Their Futures.
One of the ongoing challenges that sovereign professionals face is the direct relationship between time and money: if you work, you earn; if you don’t work, you don’t earn.
It manifests itself in other ways, too. When you’re busy you can quickly hit an earnings ceiling: there are no more hours to work and you feel like you’re leaving money on the table.
A useful goal, therefore, is to create passive income streams: ways to generate revenue even when you’re on the beach. An obvious example is the successful novelist or recording artist who earns royalties from a popular back-catalogue.
Abdullahi offers four routes to passive income, here.
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